Russia has made a proposition to Iran concerning the settlement of the Iranian claim filed at an international arbitration court over the thwarted S-300 contract. It is hopeful for a successful settlement of this dispute, Russian Presidential Aide Yuri Ushakov said.

"We have made our proposition and hope to settle the issue," he told a press briefing in Moscow on Thursday.

The media said earlier that Russia had decided to supply five battalions of S-300VM Antey-2500 air defense systems in exchange for the Iranian revocation of its claim to Rosoboronexport over the thwarted delivery of five battalions of S-300PMU-1 with the approximate value of $800 million. Ushakov declined to report details of the Russian proposition. "I'd like to avoid the details," he said.

The aide said the Russian proposals were formulated "some time ago, but they are brand new rather than refreshed."

"I am confident that various dimensions of military-technological cooperation will be discussed at the upcoming meeting," the Kremlin officer said. He added that the question was on the agenda in the context of the arbitration court hearings. Russia has made a proposition to Iran concerning the settlement of the Iranian claim filed at an international arbitration court over the thwarted S-300 contract. It is hopeful for a successful settlement of this dispute, Russian Presidential Aide Yuri Ushakov said....